Hundred Club of Detroit

Analysis

Hundred Club of Detroit is a registered charity in United States, based in Fenton, MI. It received its IRS tax-exemption ruling in November 1954, 72 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Hundred Club of Detroit reported income of $334k and spending of $368k, spending 110% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income grew from $224k to $334k (+49%), an average of +8.3% a year. The sharpest change came in the year to August 2024, when income rose by 32%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hundred Club of Detroit sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include Middle Georgia Aquatics Inc ($334k), Growth Partnership for Ashtabula County ($335k) and Quality of Life Inc ($334k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $867k against liabilities of $0, net assets of $867k.